Section 5-29-4 – Accommodation of all kinds of facilities.
5-29-4. Accommodation of all kinds of facilities. A research park authorized by this chapter may accommodate all kinds of facilities, laboratories, businesses, or organizations usually found at research parks affiliated with universities. Source: SL 2012, ch 46, §4.
Section 5-29-5 – Lands subject to school and public lands trust.
5-29-5.Lands subject to school and public lands trust. If any lands used for purposes of a research park are determined to be subject to the school and public lands trust established pursuant to S. D. Const., Art. VIII, §7, then: (1)A civil, state, religious, or public organization seeking to develop and to operate a research […]
Section 5-29-6 – Mineral rights.
5-29-6. Mineral rights. Any mineral rights to state lands on which a research park has been established shall be managed in a manner that does not unreasonably interfere with research park operations. Source: SL 2012, ch 46, §6; SL 2013, ch 30, §1.
Section 5-29-7 – Geothermal resources.
5-29-7. Geothermal resources. Notwithstanding any other provision of law, including chapter 5-7, the Board of Regents when approving a research park lease or sublease may lease such portions of the mineral interests reserved to the State of South Dakota in the lands occupied by the research park as may be necessary to permit the research […]
Section 5-29-8 – Structures and mineral leases may not disturb use of research park.
5-29-8. Structures and mineral leases may not disturb use of research park. The commissioner of school and public lands may not authorize the lease of mineral rights if exploitation of such rights would disturb the use of the research park, nor authorize construction of dams, canals, water ditches, or laterals if such structures would impair […]
Section 5-29-9 – Authorized agreements.
5-29-9. Authorized agreements. The Board of Regents may enter into any lease, contract, or agreement with a business, a nonprofit corporation, or a research park corporation to permit that entity, at its expense and risk, to construct, finance, maintain, and operate any research park established pursuant to this chapter. Source: SL 2012, ch 46, §9.
Section 5-29-10 – Construction of agreements to permit only authorized uses.
5-29-10. Construction of agreements to permit only authorized uses. No lease, contract, or agreement may be construed to authorize the private party lessee or contractor, or any subtenant, creditor, trustee, receiver, lien holder, heir, assignee, or other party claiming an interest or right through such private party lessee or contractor, to use or to permit […]
Section 5-29-11 – Security for financing.
5-29-11. Security for financing. The lease, contract, or agreement may permit the private party lessee or contractor, or other parties claiming an interest or right through them, to pledge for commercially reasonable periods of time such rights of use or occupancy as may be possessed in order to obtain financing. However, no such pledge impairs […]
Section 5-29-12 – Lease period limit.
5-29-12. Lease period limit. No lease granted pursuant to this chapter may have a duration exceeding ninety-nine years. Source: SL 2012, ch 46, §12.
Section 5-27-4 – Transfer of funds to ethanol fuel fund.
5-27-4. Transfer of funds to ethanol fuel fund. In fiscal year 2019, the Bureau of Finance and Management shall transfer each month twenty-one and one-half percent of the monthly state capital construction fund revenues from the state capital construction fund to the ethanol fuel fund. In fiscal year 2020, the Bureau of Finance and Management […]